192
192
Dec 30, 2012
12/12
by
CNNW
tv
eye 192
favorite 0
quote 0
so, what else is at stake in the fiscal cliff? let's look at the other issues, things that we are not sure will be in a deal that comes out this week. at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime
so, what else is at stake in the fiscal cliff? let's look at the other issues, things that we are not sure will be in a deal that comes out this week. at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger...
207
207
Dec 28, 2012
12/12
by
CNNW
tv
eye 207
favorite 0
quote 0
and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house correspondent jessica yellin is getting new details. jess can ka, what are you hearing about that meeting? >> reporter: candy, the president is going to explain or reiterate the position he took on friday, that he would like a plan that extends tax rates for people who make $250,000 and below but raises them for those who make more than that. that it extends unemployment benefits for americans. and if the president, i'm told will say if he does not get an agreement to that plan, he will ask the other leaders what they can agree to, what what they would like instead. if they cannot come up with a proposal that will pass the house and the senate, will ask for a vote on his measure. but that meeting, candy, is still going on. congre congressional leader
and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house correspondent jessica yellin is getting new details. jess can ka, what are you hearing about that meeting? >> reporter: candy, the president is going to...
388
388
Jan 1, 2013
01/13
by
CNNW
tv
eye 388
favorite 0
quote 0
we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises that it will pass. this morning both parties say more work needs to be done. >> i'm disappointed that we weren't able to make the grand bargain as we have tried to do for so long, but we tried. if we do nothing, the threat of recession is very real. >> we have done some good for the country. we have taken care of the revenue side of this debate. and now it's time to get serious about reducing washington's out of control spending. that's a debate the american people want and it's the debate we'll have next and it's a debate republicans are ready for. >> we're covering all the angl
we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises...
202
202
Dec 26, 2012
12/12
by
CNNW
tv
eye 202
favorite 0
quote 0
>>> fears of the fiscal cliff are taking some of the holiday cheer right out of wall street. cnn's alison kosik watching the post-christmas trading as well as a threat to the economy that could come even sooner than the cliff? let's start with the stocks, though. >> reporter: yes, stocks, very quiet today, very quiet session. not many investors in the game today. expect that to be the case the rest of the week. the fun tny thing, this is usuay the time we see the santa claus rally. the dow down 46 points. no deal on the if i'm not mistaken. that's spoiling the rally so far. it could be worse, though. we've seen much harsher reaction to all the congressional shenanigans in the past that could be a sign the economy is in better shape this time around. the s&p 500 is still on track for a 13% gain for the year. >>alison, what's the container cliff? >> reporter: the container cliff could be serious stuff. it could be a major threat to the economy. but it's also something that can be avoided. this container cliff is the name the national retail federation has given to this situatio
>>> fears of the fiscal cliff are taking some of the holiday cheer right out of wall street. cnn's alison kosik watching the post-christmas trading as well as a threat to the economy that could come even sooner than the cliff? let's start with the stocks, though. >> reporter: yes, stocks, very quiet today, very quiet session. not many investors in the game today. expect that to be the case the rest of the week. the fun tny thing, this is usuay the time we see the santa claus...
182
182
Dec 28, 2012
12/12
by
CNNW
tv
eye 182
favorite 0
quote 0
"early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority le
"early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012....
470
470
Dec 26, 2012
12/12
by
CNNW
tv
eye 470
favorite 0
quote 0
the fiscal cliff might seem extremely large right now. we look at the more long-term view, a small blip on the overall screen. we'll see a lot of volatility but can you deal with the volatility and if it's causing to you lose sleep it might have an indication you might want to make some changes. >> it's hard not to have a knee-jerk reaction. before we get to that talk about tax deferred accounts. how will the fiscal cliff affect them. >> this is the beautiful part about this is that the biggest concern individuals are having that we've worked with and talking to, what is going to happen with my taxes? what is going to happen with my dividends taxes, capital gains? so the best part about it, if you're dealing with non-qualified accounts you might have to be concerned about that but qualified accounts or tax deferred accounts such as your 401(k)s and individual retirement accounts, roth and traditional, these accounts are tax deferred and many 509 plans, college savings plans, different types of concept are tax deferred and some are tax fre
the fiscal cliff might seem extremely large right now. we look at the more long-term view, a small blip on the overall screen. we'll see a lot of volatility but can you deal with the volatility and if it's causing to you lose sleep it might have an indication you might want to make some changes. >> it's hard not to have a knee-jerk reaction. before we get to that talk about tax deferred accounts. how will the fiscal cliff affect them. >> this is the beautiful part about this is that...
436
436
Dec 25, 2012
12/12
by
CNNW
tv
eye 436
favorite 0
quote 1
the fiscal cliff. if we go over analysts say it will spark a recession. then again, congress is taking us right to the edge and maybe beyond. check out the full list of dumbest moments in business on cnn money.com. here's to a smarter 2013. back to you. >>> thank you, alison. if you have finished opening presen presents, you might be getting the family ready to head out to the movies today. what is on the movie menu? we'll have a rundown next. >>> speaking of movies which is your favorite christmas movie of all time? a new poll ranks some of the most popular. here is a look at the top five. a christmas carol ranks number five. white christmas is number four. number three, miracle on 34th street. number two, it's a wonderful life. then number one, it's next. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. yeah we both relieve c
the fiscal cliff. if we go over analysts say it will spark a recession. then again, congress is taking us right to the edge and maybe beyond. check out the full list of dumbest moments in business on cnn money.com. here's to a smarter 2013. back to you. >>> thank you, alison. if you have finished opening presen presents, you might be getting the family ready to head out to the movies today. what is on the movie menu? we'll have a rundown next. >>> speaking of movies which is...
222
222
Dec 26, 2012
12/12
by
CNNW
tv
eye 222
favorite 0
quote 0
then the worries about the fiscal cliff they took over everybody's pocketbooks. people are really worried their taxes going up. so what do you get? you get holiday sales not doing too hot. holiday sales are up a little less than 1%, winds up being the weakest growth in three years. it is still early. these numbers are still rolling in. but, you know what, they're not a good sign. after christmas spending, it could help a little bit, but because of limited -- but because of limited -- there could be limited returns in the christmas shopping because a lot of people get gift cards and they do their returns. what retailers were hoping for is when people get into the stores do the returns and to shop for gift cards, maybe people will spend a little more on their gift card and maybe exchange instead of just returns. >> we got the sad trombone for the holiday shopping results. combine that with the fiscal cliff fears, we're six days away, how is wall street reacting? >> reporter: wall street is pretty quiet today. there is low volume again, which means not a lot of inve
then the worries about the fiscal cliff they took over everybody's pocketbooks. people are really worried their taxes going up. so what do you get? you get holiday sales not doing too hot. holiday sales are up a little less than 1%, winds up being the weakest growth in three years. it is still early. these numbers are still rolling in. but, you know what, they're not a good sign. after christmas spending, it could help a little bit, but because of limited -- but because of limited -- there...